#StablecoinLaw **#StablecoinLaw: 3 Unwritten Angles**

While the world celebrates the new American "GENIUS Act" for stablecoins, here are unique insights not published on social media:

### 1. **Interest Ban: An Unexpected Step**

The law prohibits stablecoin issuers from offering interest or returns to users, even if they profit from asset reserves. This may reduce its investment appeal and turn it into a mere payment tool.

### 2. **Confidential Grace Period for Dealers**

While issuers must comply within 18 months, exchanges and brokers have **3 full years** to sell or store only approved stablecoins, giving the market more time to adapt.

### 3. **Trump's Political Game**

Despite banning Congress members from investing in stablecoins, the law exempts the president and his family, while Trump acknowledged in his signing speech: *"I also did it for your votes"*, referring to the electoral support from the crypto community.

### Hidden Implications for the Region

The law paves the way for the issuance of digital dollars by companies like "World Liberty" (in which the Trump family has a stake), which may increase the dominance of the dollar in Arab markets through private stablecoins, while Gulf countries attempt to develop national digital currencies.

> **#Summary**: The law regulates but entrenches the dominance of a new financial elite.

> **Suggested Hashtags**: #Stablecoins #TrumpAndCrypto #الدولار_الرقمي